We expect a $315 movement on USDCHF within 2 hours following the release of Consumer Confidence Flash at 2022-11-23 02:00. We expect USDCHF to trend upwards 2 hours following the event release at 2022-11-23 02:00 if the released value is > -26. A price movement of 30 pips is expected.

Historical events that allowed us to draw this conclusion

24 Aug 00:00	21 May 00:00
22 Apr 00:00	22 Jan 02:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).